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"Major" production equipment.
Keep the faith.
GLA
Irene
Do you just come onto this board for your own amusement and to wind people up?
Do you have a holding in BPC? You are a prolific poster to this board and I would genuinely like to know your actual observations about BPC and if you actually own any shares?
Look forward to your response.
N
At last, the haters now have less and less to moan about. FULLY FUNDED.
Strap in for the ride guys.....
GLA
Our sleeping giant even got a mention in last nights ES.
https://www.standard.co.uk/business/investors-go-on-a-bargain-hunt-snapping-up-bp-shell-and-rolls-royce-shares-a4566656.html
Yes. That's my opinion. Have a look at the history, this has got to 7p a couple of times the last two years on "potential" news. Its a matter of time before we start to see a consistent rise in the SP as we lead into Spud. The heard will come....
Its supply and demand and the closer we get to mid-December the demand will peak....
Some "interesting" views on here the past week. I don't know why the "told you so" brigade are lording it. What happens between now and spud really doesn't matter, this is now all about actually spudding. When this happens this current SP will be a very distant memory.
it is simple, you either believe they will spud as planned before Xmas or you don't. If you do then fill your boots as we will be north of 6.5p on spud IMHO.
This is one of the biggest potential explorations of many a year.
GLA
I think a consolidation has got to be on the cards....
The price now is irrelevant, the fun and game will come in December when they prep for spud and we get more info on mobilization of the rig etc.
Keep the faith.
As it stands that is correct. Spud planned the week before Christmas.
Like many, I have been in this share nearly five years. Today I took the decision to sell down my couple of other investments for a small profit and loaded it all in here.
This initial Spud has been anticipated for a serious amount of time. We have seen 7p over a recent couple of years on little news so my view is this will be somewhere north of that leading into spud (DYOR). This is by no means an attempt to ramp just the honest views of a confident LTH whos invested his own hard-earned money. The confirmation of planned spud is significant and today's RNS was perfectly timed to remind the market of the significant upside should we strike black gold.
I wish all the long term holders all the very best - hang onto your hats and buckle up for the ride . IMHO the chickens are finally coming home to roost.
GLA
So Christmas is most definitely not canceled! To all those that continued to believe and have been here many many years your "perseverance" and reward is coming...
To the doubters and derampers, let's be having you!!
5.8-7.2p would be my guess on SP at Spud.
GLA and a Merry Christmas!!
TinTin: That last post nearly made me spit my coffee out LOL!
Where are all the Haters today?!!
IMHO This will be many many multiples of today's SP 12 months from now.
Sit back and enjoy the ride!
GLA
I'm a long term holder in BPC, whatever happens, the BPC SP will be 7-8p pre drill Imho.
I wouldn't be surprised if they did a deal with an Oil Major before spud.
Just my own two pennies worth!
GLA
This morning's news from BP wouldn't have done the SP many favors. Forecasting medium-term oil prices at no more than 40p.
Lots of profit-taking, no impact for LTH. We have ridden the Rollercoaster far too often.....
7-9p pre-spud, watch this space.
IK: What a lovely first post to read for the day!
The chickens are finally coming home to roost.
GLA and have a good day!
The rollercoaster continues its upward trajectory, anyone for 4p at close?!
This has all the hallmarks of a steady rise to 7p just like two years ago, except this time we have a Rig Contract signed AND Funding options.
For what it's worth I think this will be circa 8-9p pre spud. Just my opinion. I can see momentum increasing from here and when they decide which funding option they are taking and that crystalizes it'll move up even further. I have been holding here for the last 5 years and I know many that have been a lot longer, it finally looks like it could deliver!
GLA